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Investment Highlights

  • Long-term lease with 13+ years remaining
  • Approximately 45 miles north of Little Rock, the capital of Arkansas
  • 5% rental increases every five years (next on 7/1/2029)
  • Located in Searcy, a micropolitan area with approximately 80,000 people
  • Affluent surrounding area with average annual household income of $125,000 within three miles
  • New construction store that opened in Summer 2024

Property Facts

Sale Type
Investment NNN
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,640 SF
Year Built
2024
Price
$2,711,172 CAD
Price Per SF
$254.81 CAD
Cap Rate
6.40%
NOI
$173,516 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
2.20 AC
Zoning
C - Commercial

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Retailer
  • -
  • -
  • Triple Net
  • -

Dollar General is a national discount retailer operating multiple neighborhood-scale stores throughout New Port Richey, Florida. The Massachusetts Avenue location serves surrounding residential neighborhoods with a broad assortment of everyday necessities at low price points. The store offers groceries, snacks, health and beauty products, cleaning supplies, basic apparel, paper goods, seasonal items, and private-label merchandise.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Retailer - - Triple Net -
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
001-11503-000
Land Assessment
$4,730 CAD
Improvements Assessment
$7,207 CAD
Total Assessment
$11,937 CAD
  • Listing ID: 40042495

  • Date on Market: 2026-04-06

  • Last Updated:

  • Address: 2677 Highway 267 S Searcy AR, Searcy, AR 72143

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